Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,289,479
MoM +$21,843 +1.7% up $21,843, 1.7% versus March 2023 YoY −6.8% down 6.8% versus April 2022
Source: TRREB MarketWatch, April 2023
4 areas
Halton Region
April 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,165,000
MoM +$64,000 +5.8% up $64,000, 5.8% versus March 2023 YoY −5.3% down 5.3% versus April 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,221,400
MoM +$30,300 +2.5% up $30,300, 2.5% versus March 2023 YoY −8.8% down 8.8% versus April 2022
Sales — Firm transactions reported through the MLS® System during the month.
817
MoM +86 +11.8% up 86, 11.8% versus March 2023 YoY −0.8% down 0.8% versus April 2022
Dollar volume — Total value of all sales in the month.
$1.05B
MoM +$126,862,503 +13.7% up $126,862,503, 13.7% versus March 2023 YoY −7.6% down 7.6% versus April 2022
New listings — Properties newly listed during the month.
1,122
MoM +33 +3.0% up 33, 3.0% versus March 2023 YoY −41.6% down 41.6% versus April 2022
Active listings — Listings available at month end.
993
MoM −4 −0.4% down 4, 0.4% versus March 2023 YoY −22.0% down 22.0% versus April 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
17
MoM −2 days −10.5% down 2 days, 10.5% versus March 2023 YoY +70.0% up 70.0% versus April 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
24
MoM −5 days −17.2% down 5 days, 17.2% versus March 2023 YoY +84.6% up 84.6% versus April 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
101%
MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus March 2023 YoY −2.9% down 2.9% versus April 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
72.8%
MoM +5.7 pp +8.5% up 5.7 pp, 8.5% versus March 2023 YoY +69.8% up 69.8% versus April 2022
Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.
1.2
MoM −0 −10.9% down 0, 10.9% versus March 2023 YoY −21.3% down 21.3% versus April 2022
Trend
13 months to April 2023
Average price
| Month | Average price |
|---|---|
| Apr '22 | 1383948 |
| May '22 | 1313651 |
| Jun '22 | 1270053 |
| Jul '22 | 1253458 |
| Aug '22 | 1207303 |
| Sep '22 | 1231803 |
| Oct '22 | 1223189 |
| Nov '22 | 1156315 |
| Dec '22 | 1188341 |
| Jan '23 | 1122501 |
| Feb '23 | 1222095 |
| Mar '23 | 1267636 |
| Apr '23 | 1289479 |
Sales
| Month | Sales |
|---|---|
| Apr '22 | 824 |
| May '22 | 826 |
| Jun '22 | 665 |
| Jul '22 | 510 |
| Aug '22 | 589 |
| Sep '22 | 557 |
| Oct '22 | 476 |
| Nov '22 | 431 |
| Dec '22 | 305 |
| Jan '23 | 350 |
| Feb '23 | 525 |
| Mar '23 | 731 |
| Apr '23 | 817 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 817 | +86 +11.8% up 86, 11.8% versus March 2023 | $1,289,479 | +$21,843 +1.7% up $21,843, 1.7% versus March 2023 | $1,165,000 | 72.8% | 1.2 |
| Detached | 445 | +62 +16.2% up 62, 16.2% versus March 2023 | $1,613,650 | −$36,413 −2.2% down $36,413, 2.2% versus March 2023 | $1,436,500 | 71.1% | 1.2 |
| Semi-detached | 44 | +15 +51.7% up 15, 51.7% versus March 2023 | $1,079,585 | +$51,889 +5.0% up $51,889, 5.0% versus March 2023 | $1,038,000 | 91.7% | 0.5 |
| Att/row/townhouse | 120 | +16 +15.4% up 16, 15.4% versus March 2023 | $1,094,072 | +$68,148 +6.6% up $68,148, 6.6% versus March 2023 | $999,450 | 82.8% | 0.7 |
| Condo townhouse | 81 | +3 +3.8% up 3, 3.8% versus March 2023 | $841,485 | +$26,139 +3.2% up $26,139, 3.2% versus March 2023 | $795,000 | 88.0% | 0.9 |
| Condo apartment | 118 | −14 −10.6% down 14, 10.6% versus March 2023 | $681,470 | +$5,058 +0.7% up $5,058, 0.7% versus March 2023 | $634,000 | 59.3% | 2.4 |
| Link | 6 | +1 +20.0% up 1, 20.0% versus March 2023 | $1,143,500 | +$86,500 +8.2% up $86,500, 8.2% versus March 2023 | $1,115,000 | 75.0% | 0.5 |
| Co-op apartment | 3 | n/a not available, prior month not on file versus March 2023 | $401,667 | n/a not available, prior month not on file versus March 2023 | $410,000 | — | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 382 | $1,221,400 | −8.8% down 8.8% |
| Single-family detached | 404.6 | $1,560,600 | −8.2% down 8.2% |
| Single-family attached | 426.9 | $1,079,700 | −6.9% down 6.9% |
| Townhouse | 411.9 | $846,900 | −4.5% down 4.5% |
| Apartment | 365.1 | $622,900 | −16.6% down 16.6% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +10.5% up 10.5%
- Oakville +0.6% up 0.6%
- Milton −1.3% down 1.3%
- Halton Hills −5.2% down 5.2%
Bottom 5
- Halton Hills −5.2% down 5.2%
- Milton −1.3% down 1.3%
- Oakville +0.6% up 0.6%
- Burlington +10.5% up 10.5%
Sales, month-over-month
Top 5
- Halton Hills +29.4% up 29.4%
- Burlington +16.3% up 16.3%
- Oakville +6.5% up 6.5%
- Milton +6.2% up 6.2%
Bottom 5
- Milton +6.2% up 6.2%
- Oakville +6.5% up 6.5%
- Burlington +16.3% up 16.3%
- Halton Hills +29.4% up 29.4%
Halton Region
Oakville
Oakville, Halton Region
$1,580,110
+$8,856 +0.6% up $8,856, 0.6% versus March 2023
- Sales
- 296
- SP/LP
- 101%
- DOM
- 18
- SNLR
- 69.0%
Burlington
Burlington, Halton Region
$1,149,169
+$108,833 +10.5% up $108,833, 10.5% versus March 2023
- Sales
- 278
- SP/LP
- 101%
- DOM
- 19
- SNLR
- 77.0%
Milton
Milton, Halton Region
$1,118,827
−$14,383 −1.3% down $14,383, 1.3% versus March 2023
- Sales
- 155
- SP/LP
- 101%
- DOM
- 13
- SNLR
- 70.5%
Halton Hills
Halton Hills, Halton Region
$1,055,733
−$58,154 −5.2% down $58,154, 5.2% versus March 2023
- Sales
- 88
- SP/LP
- 100%
- DOM
- 16
- SNLR
- 78.6%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|